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QUICK QUOTE FINDER

MEDICARE PREMIUM RATES for 2012

Part A (hospital insurance) premium:

• Most people do not pay a premium with 40 work quarters.
  If you have 30-39 quarters of employement - $248 per month.
  If you have less than 30 quarters - $451 per month.

Part B (doctor & outpatient insurance) premium:

• $99.90 per month if your income is below $85,000 (single tax filing status) or $170,000 (joint tax filing status).
• Up to $319.70 for high income beneficiaries. Click for info.

Part D income adjusted premium. If you make less than $85,000 ($170,000 joint filing) you will pay the Part D plan premium. If you have a higher income you will pay more each month. For high income beneficiaries:

• above $85,000 to $107,000 ($170,000 - $214,000) you will pay an additional $11.60.
• above $107,000 to $160,000 ($214,000 - $320,000) you will pay an additional $29.90.
• above $160,000 to $214,000 ($320,000 - $428,000) you will pay an additional $48.10.
• above $214,000 ($428,000) you will pay an additional $66.40

Medicare deductible and coinsurance:

Part A (inpatient hospital, skilled nursing facility, some home health care). For each benefit period of 60 days:

• $1156 Deductible for a hospital stay up to 60 days.
  $289 per day for days 61-90.
  $578 per day for days 91-150 (lifetime reserve days).
  All costs for each day beyond 150 days.

Skilled Nursing Facility Coinsurance:

• $144.50 per day for days 21 - 100 of each benefit period.
  All costs for each day beyone 100 days.

Part B (doctors, outpatient hospital, home health, DME):

• $140 annual deductible.
• 20% of the Medicare approved amount after deductible.
• 40% of the Medicare approved amount for outpatient mental health after deductible.

 
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